2375 Camelback RdPhoenix, AZ 85016

Property Details for 2375 Camelback Rd

Year built

2000

Property size (Sq ft)

618,800 SF

Property type

Office buildings

APN

163-19-008A

APU

16319008A

Description

This Class A, 17,119 square foot office building at 2375 E. Camelback Road, Suite 600, Phoenix, AZ 85016, offers a variety of flexible workspace solutions. Located in Maricopa County, the property boasts 350 suites, with 5,970 square feet currently vacant. The building underwent renovations in 2019 and features elevators. Space options range from private, fully furnished offices suitable for individuals or large companies, to more relaxed lounge areas and an outdoor terrace. Tenancy is multiple, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. The building provides a premium environment with stunning views of Camelback Mountain and the Phoenix skyline. Amenities include serviced and custom office spaces, disaster recovery options, day offices, and a benefits program featuring exclusive discounts and procurement support. This exceptional location offers easy access to attractions like the Wrigley Mansion and Echo Canyon Trail. Ideal for businesses seeking a modern, stylish, and conveniently located workspace in a prestigious Phoenix address.

• CAP approach

  CAP return

  Valuation

  6%

  $170,375,808

  6.5%

  $157,269,984

  7%

  $146,036,416

• Comparable approach

  Method

  Valuation

  Relative Method

  $95,388,016

  Geo Method

  $95,388,016

• Alternative Use

  Use

  Valuation

  Residential

  $195,014,784

  Hospitality

  $178,632,480

  Educational

  $148,620,128

  Medical

  $153,731,408

  Retail

  $231,186,880

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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